EOG · News · 20260806N

Guidance / Outlook

EOG RESOURCES INC · 2026-08-06 · Importance 73 · Surprise 76

EOG expects 5% oil production growth and 14% total production growth in 2026, including contributions from the United Arab Emirates. The company provided third-quarter and full-year 2026 production guidance covering crude oil and condensate, natural gas liquids, natural gas, and total crude oil equivalent volumes. Management reaffirmed its full-year capital spending plan while emphasizing capital efficiency and cost discipline.

Key facts

• Truist Financial raised its price target for EOG to $153 from $134 while maintaining a "hold" rating. source
• JP Morgan raised its target price for EOG Resources to $151 from $142. source